Stocks traded higher Monday, all three major indexes hitting new highs as investors kept an eye on oil prices and on the Federal Reserve.
The S&P 500 and the NASDAQ composite jumped above previous intraday highs of 2,188.45 and 5,238.54, respectively. The Dow Jones industrial average also posted a record high rising past its previous high of 18,638.34. These records were all set last week, despite the indexes posted slight weekly gains.
On the data front, the Empire State Manufacturing survey index fell five points to -4.2. Other data due Monday include the NAHB housing index, scheduled for release at 10 a.m. ET.
10 a.m. NAHB survey
4 p.m. TIC data
8:30 a.m. CPI; housing starts
9:15 a.m. Industrial production
12:30 p.m. Atlanta Fed President Dennis Lockhart
2 p.m. FOMC minutes
8:30 a.m. Initial claims; Philadelphia Fed survey
10 a.m. New York Fed President William Dudley
4 p.m. San Francisco Fed President John Williams